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The CFPB is the primary federal supervisory regulator tasked with consumer financial protection for larger nonbank participants, according to the Congressional Research Service.
The CFPB had some good consumer protection rules, especially when it came to areas like payday lenders, he said, according to a recording of the meeting that Reuters reviewed, which has not been ...
Billionaire Elon Musk, a key adviser to the incoming Trump administration, called for the Consumer Financial Protection Bureau to be eliminated, setting his sights on a regulator that has often ...
A security officer works inside of the Consumer Financial Protection Bureau (CFPB) building headquarters Monday, Feb. 10, 2025, in Washington.
Under Mulvaney’s watch, he noted, the CFPB and Office of the Comptroller of the Currency imposed a $1 billion fine against Wells Fargo for its handling of mortgages and auto insurance.
She and U.S. Representative Maxine Waters, the top Democrat on the House Financial Services Committee, will meet in front of the CFPB's headquarters on Monday to demand answers regarding Musk's ...
A lawsuit claims Trump officials plan to lay off 95% of staffers at the Consumer Financial Protection Bureau.
The CFPB alleges that Capital One engaged in deceptive practices by promoting a savings account as offering one of the nation's "highest" interest rates while simultaneously offering another ...